Infosys-backed aerospace and defence company announced robust results, profits surged by 1,334 per cent! Infosys-backed aerospace and defence company announced robust results, profits surged by 1,334 per cent! In Q4 FY24, the company's revenue grew by 171 per cent, while in FY24, it grew by 70 per cent year-over-year. Rakesh Deshmukh / Wednesday, May 15, 2024 0 27926 Article rating: 3.6 Infosys has consistently held 3.84 per cent ownership in the company for the past two consecutive quarters, while FIIs and DIIs hold 2.75 per cent and 3.76 per cent, respectively. Read more
LIC and Nandan Nilekani-backed stock: Company lands largest-ever TVC deal of USD 7.7 billion in Q2; LIC stake hits record high LIC and Nandan Nilekani-backed stock: Company lands largest-ever TVC deal of USD 7.7 billion in Q2; LIC stake hits record high LIC's growing interest adds another layer to the story. In the quarter ended September 2023, LIC increased its stake in the company from 8.83 per cent to 9.39 per cent. Karan Dsij / Monday, November 13, 2023 0 18288 Article rating: 4.1 Reported large deal Total Contract Value (TCV) of USD 7.7 billion in Q2, marking the highest ever quarterly total. This impressive achievement is three times the average quarterly TCV of the last four quarters. The company's success in securing large deals can be attributed to market share gains in cost optimization Read more
Narayana Murthy buys a stake in this small-cap multibagger stock with zero net debt Narayana Murthy buys a stake in this small-cap multibagger stock with zero net debt Company managed to generate an impressive Rs 48 crore in cash from operations during Q1FY24, excluding cash generated from working capital changes Karan Dsij / Thursday, October 12, 2023 2 166708 Article rating: 4.0 Its stock price surged by a jaw-dropping 122 per cent, solidifying its status as a multibagger stock. Over the last five years, the company has recorded an impressive 47.7 per cent CAGR in profit growth. Read more
Multi-billion deal: This IT giant signs a deal worth EUR 1.5 billion for AI-powered platform with Liberty Global! Multi-billion deal: This IT giant signs a deal worth EUR 1.5 billion for AI-powered platform with Liberty Global! Shares of the company gained more than 1.50 per cent in the morning trade. Praveenkumar Yadav / Wednesday, August 16, 2023 0 1109 Article rating: 4.4 Shares of the company gained more than 1.50 per cent in the morning trade. Read more
Movement capture; software giant sets the stage with game-changing MoU! Movement capture; software giant sets the stage with game-changing MoU! The stock has maintained a healthy dividend payout of 58.8 per cent. Vaishnavi Chauhan / Wednesday, June 28, 2023 0 1482 Article rating: 4.4 The company has a strong track record of return on equity (ROE): ROE after three years is 29.4 per cent. Read more